Charles Chase
Newby Needs Help
I have a property that I have owned for five years. I just moved out and would like to use the property for a rental. Problem is that I need about $10,000 for rehab and to get the note out from being behind. I have no...
Eli M.
How to negotiate construction contract
Dear BP family,As an investor I'm interested in paying as low as possible for a deposit.But a contractor obviously wants as much as possible justifying that he needs to buy materials and pay his workers.What is the be...
Robert Wiltshire
Collecting Rents From Park Managers
This seems like a fairly straight forward process, but how are you getting checks from park managers? Having them mailed to you or giving them deposit access on the park's account?Or is there something else out there...
Mario Le
Am I getting strung along?
I submitted an all cash, no contingencies, as-is offer and we agreed on a price/terms. I had a previous escrow on this house, but we couldn’t agree on repairs so I dropped out. House was relisted and the repairs were ...
George Smith
Analyzing Purchase Price vs Sellers expenses
Good morning,I'm looking at lease options and the relationship between the purchase price and the monthly payment that I would be paying to the seller. I know typically for rentals we use 1-2% rule(initially)but with ...
Dave H
Smoker
I have a renter who smokes. My lease did not prohibit smoking. Can I withhold any of the security deposit for painting/carpet replacement if there is significant odor from cigarette smoke?
Chase Hoover
S-Corp - Should I pay wife separate salary if we file jointly?
My business is an S-Corp. My wife recently quit her job and joined my business full-time. We are married filing jointly. Currently my payroll is set up where we each receive a (very modest) salary. Are we over-com...
John Galang
Money to and from an LLC (Shor-term rental investment)
Hi all! Pardon my ignorance. Just getting started with forming my business structure...
Background: I have an multi-member LLC (two members: me and my WY holding company) that will soon hold title of a condo that be ...
Cameron Riley
Best message to reject applicants?
• What is the exact message you send when you don’t accept any applicant?20 people applied on showing day, can only take 1 obviously... Give me a message..No, we don’t do first come first serve. We choose the best cri...
Kirill Bensonoff
Making am offer without a buyers agent
Is it possible to make an offer on a property without a buyers agent or broker? Does anyone know the details of this, like if I wanted to make an offer and I don't have an agent, but the seller does. Who would hold th...